STOCK TITAN
  1. Home
  2. Sec-filings
  3. CATY
  4. [Form 4] CATHAY GENERAL BANCORP Insider Trading Activity

Cathay General Bancorp (CATY) awards 886 restricted stock units to SVP

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Cathay General Bancorp reported a compensation-related equity grant to its SVP and General Counsel, May K. Chan. She received 886 restricted stock units, each representing a contingent right to one share of common stock.

The restricted stock units are scheduled to fully vest on June 26, 2029, or earlier upon death, disability, retirement, or change in control. The filing also shows she directly holds 2,710 shares of common stock, which include 43.602 shares acquired year-to-date through dividend reinvestment.

Positive

  • None.

Negative

  • None.
Insider Chan May K.
Role SVP, General Counsel
Type Security Shares Price Value
Grant/Award Restricted Stock Units 886 $0.00 --
holding Common Stock -- -- --
Holdings After Transaction: Restricted Stock Units — 886 shares (Direct, null); Common Stock — 2,710 shares (Direct, null)
Footnotes (1)
  1. Includes 43.602 shares acquired through dividend reinvestment year-to-date Each restricted stock unit represented a contingent right to receive one share of Common Stock of the Issuer. These restricted stock units are scheduled to fully vest on June 26, 2029, or earlier in the event of death, disability, retirement, or change in control.
RSU grant 886 units Restricted stock units granted to SVP and General Counsel May K. Chan
Common shares held 2,710 shares Direct common stock holdings following the reported transactions
Dividend reinvestment shares 43.602 shares Portion of common stock acquired year-to-date via dividend reinvestment
RSU vesting date June 26, 2029 Scheduled full vesting date for 886 restricted stock units
Underlying common stock 886 shares Common shares underlying the 886 restricted stock units
Restricted Stock Units financial
"The restricted stock units are scheduled to fully vest on June 26, 2029"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
dividend reinvestment financial
"Includes 43.602 shares acquired through dividend reinvestment year-to-date"
Dividend reinvestment is when the money earned from a company's profit sharing, called dividends, is automatically used to buy more shares of that company instead of being received as cash. This process helps investors grow their holdings over time without extra effort, much like using earned interest to buy more of a savings account. It encourages long-term investment growth by continuously increasing the amount of shares owned.
change in control financial
"or earlier in the event of death, disability, retirement, or change in control"
A "change in control" occurs when the ownership or management of a company shifts significantly, such as through a merger, acquisition, or sale of a large part of its assets. This change can impact how the company is run and may influence its future direction. For investors, it matters because it can affect the company's stability, strategy, and value, often signaling potential changes in investment risk or opportunity.
See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google
Add on Google
Form 4 Insider Transactions: What Each Field Means →
SEC Form 4
FORM 4UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number:3235-0287
Estimated average burden
hours per response:0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Chan May K.
(Last)(First)(Middle)
777 NORTH BROADWAY
(Street)
LOS ANGELES CALIFORNIA 90012
(City)(State)(Zip)
UNITED STATES
(Country)		2. Issuer Name and Ticker or Trading Symbol
CATHAY GENERAL BANCORP [ CATY ] 		5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director10% Owner
XOfficer (give title below)Other (specify below)
SVP, General Counsel
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
06/26/2026		6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year)2A. Deemed Execution Date, if any (Month/Day/Year)3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeVAmount(A) or (D)Price
Common Stock2,710(1)D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year)3A. Deemed Execution Date, if any (Month/Day/Year)4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year)7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Restricted Stock Units(2)06/26/2026A886 (3) (3)Common Stock886$0886D
Explanation of Responses:
1. Includes 43.602 shares acquired through dividend reinvestment year-to-date
2. Each restricted stock unit represented a contingent right to receive one share of Common Stock of the Issuer.
3. These restricted stock units are scheduled to fully vest on June 26, 2029, or earlier in the event of death, disability, retirement, or change in control.
/s/ Georgia Lo, attorney-in-fact06/30/2026
** Signature of Reporting PersonDate
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

Source: View Original Filing on SEC EDGAR

FAQ

What insider transaction did Cathay General Bancorp (CATY) report for May K. Chan?

Cathay General Bancorp reported that SVP and General Counsel May K. Chan received 886 restricted stock units. These units are a share-based compensation award tied to the company’s common stock and increase her potential future equity ownership if they vest.

How many restricted stock units did CATY grant to May K. Chan and what do they represent?

May K. Chan was granted 886 restricted stock units. Each unit represents a contingent right to receive one share of Cathay General Bancorp common stock, giving her potential ownership if vesting conditions are met and the units settle into shares.

When do May K. Chan’s 886 restricted stock units at Cathay General Bancorp vest?

The 886 restricted stock units are scheduled to fully vest on June 26, 2029. They may vest earlier if specific events occur, including death, disability, retirement, or a change in control of Cathay General Bancorp, according to the filing’s footnotes.

How many Cathay General Bancorp common shares does May K. Chan hold after this Form 4?

After the reported transactions, May K. Chan holds 2,710 shares of Cathay General Bancorp common stock directly. This total includes 43.602 shares that were acquired year-to-date through dividend reinvestment under the company’s dividend program.

Are the restricted stock units granted to May K. Chan immediately payable in CATY common stock?

The 886 restricted stock units are not immediately payable in shares. Each unit is a contingent right to receive one share of common stock, becoming deliverable only if the vesting schedule and conditions described in the Form 4 footnotes are satisfied.

Is May K. Chan’s Form 4 transaction at Cathay General Bancorp a market purchase or sale?

The Form 4 reflects a grant of 886 restricted stock units, not an open-market purchase or sale. It is categorized as a grant, award, or other acquisition of derivative securities as part of compensation, rather than a discretionary trade in the market.